Recycled Glass Procurement Intelligence
The recycled glass category is anticipated to grow at a CAGR of 6.3% from 2023 to 2030.
The demand for the category is mainly driven by its usage in food and beverages, construction, healthcare, automotive, and various other industries. Additionally, the rising demand for glass product manufacturing, such as bottles, beads, and countertops, is driving the growth of the category. Around 95% of the raw materials can be substituted with recycled glass while producing glass. Recycling glass allows manufacturers to decrease emissions as well as minimize the use of raw materials which in turn helps them in prolonging the lifespan of plant equipment like furnaces, and conserves energy. The rising focus on sustainability across various sectors to reduce environmental impact and carbon footprint is fueling the demand for recycled glass products. This is attributed to the environmentally friendly way of collecting, reusing, and repurposing the waste to create new products.
Order your copy of the Recycled Glass category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Recycled Glass Procurement Intelligence Report Scope
The Recycled Glass category is expected to have pricing growth outlook of 3% - 5% (annual) from 2023 to 2030, with below pricing models.
- Volume-based pricing
- Competition based pricing
Supplier Selection Scope of Report
- Cost and pricing
- past engagements
- productivity
- geographical presence
Supplier selection criteria of Report
- Quality of the recycled glass
- recycling capacity
- end-use
- contract terms
- delivery option
- technology used
- safety and environmental compliance
- location and presence of supplier
- others
Recycled Glass Procurement Intelligence Report Coverage
Grand View Research will cover the following aspects in the report:
- Market Intelligence along with emerging technology and regulatory landscape
- Market estimates and forecasts from 2022 to 2030
- Growth opportunities, trends, and driver analysis
- Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
- Porter’s 5 forces
- Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
- Engagement and operating models, KPI, and SLA elements
- LCC/BCC analysis and negotiation strategies
- Peer benchmarking and product analysis
- Market report in PDF, Excel, and PPT and online dashboard versions
Recycled Glass Procurement Cost and Supplier Intelligence
The category is fragmented, with the presence of numerous players in the processing of glass. Buyers of recycled glass such as packaging manufacturers and beverage companies, may have moderate bargaining power. However, the presence of various recycling companies may reduce the power of the suppliers.
Labor, collection vehicles, recycling/collection bins and containers, sorting and processing equipment cost, storage facilities, and others are some of the cost components incurred in processing the category. Other costs include transportation, licensing and permits, purchasing of safety gear, and facility maintenance costs. The cost of processing glass can be between USD 70 to USD 90 per ton. Purchasing of recycling collection vehicle can cost around USD 50,000 to USD 100,000. The bins can cost between USD 20 to USD 150 per bin. The sorting and processing equipment cost varies based on the complexity and scale of recycling operations. For instance, a small to medium-sized recycling business may be required to invest around USD 50,000 to USD 150,000 in equipment.
List of Key Suppliers
- O-I
- Dlubak Glass
- Ardagh Group
- Gallo Glass
- Strategic Materials Inc.
- Momentum Recycling
- Ripple Glass
- Reiling Group
- Ace Glass Recycling
Add-on Services provided by Grand View Research Pipeline:
- Should Cost Analysis
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
- Rate Benchmarking
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
- Salary Benchmarking
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
- Supplier Newsletter
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
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Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
